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Mainfreight share price could crack $100 within a few years, analysts say - Vimarsana News

Mainfreight share price could crack $100 within a few years, analysts say

Its attractive features have not been missed by the market, as the company has enjoyed strong share price performance over an extended period of time, they said. Still, they didn’t view the stock as expensive, raising their target price for the shares to $70 from $62. “Whilst we recognise it's not cheap, we retain an ‘outperform’ rating in light of its growth potential, track record, and high quality attributes,” they said. “Its competitive advantage allows for accelerated market share wins during periods of extreme market uncertainty as was the case during 2020.” Supplied M...

Forsyth Barr says Tourism Holdings faces bumpy journey to recovery - Vimarsana News

Forsyth Barr says Tourism Holdings faces bumpy journey to recovery

Forsyth Barr says Tourism Holdings faces bumpy journey to recovery 13 Jan, 2021 04:00 AM 3 minutes to read Tourism Holdings' US operation could recover more quickly than in NZ. Photo / Supplied Aviation, tourism and energy writer for the NZ Heraldgrant.bradley@nzherald.co.nz@gbradleynz Tourism Holdings (THL) profit downgrade late last year capped a disastrous year for tourism-related companies and THL faces uncertain demand in New Zealand, say analysts at Forsyth Barr. They say that with lower rental demand during the summer peak and fewer vehicle sales than anticipated in ...